An X user claimed that starting rom 1 April, transfers above Rs 2,000 via UPI will be taxed. The 1.1% tax has been applicable only on Prepaid Payment Instruments since 2023.
The license, granted by the country's payments authority, came as Paytm Payments Bank will cease to operate on 15 March, following regulatory action due to non-compliance with certain norms.
Competition Commission of India also slapped Rs 936-cr fine on Google Tuesday. In a 199-page order, CCI asked the firm to adopt 8 remedies or operations adjustments within three months.
The probe has been ordered against five entities — Alphabet Inc, Google LLC, Google Ireland Ltd, Google India Pvt Ltd and Google India Digital Services Pvt Ltd.
The petition sought direction to Google India Digital Service to give an undertaking to not store data on its app under UPI ecosystem and not to share it with any third party.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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